University of Cambridge International Examinations (CIE) is part of the world-renowned leading provider of international qualifications. Our qualifications are taken in over 150 countries and are recognized by universities, education providers and employers across the globe.
It's perfect choice for anyone to broaden their understanding of business, to develop specific working skills and to continue professional education.
The course is submitted in its original form in English so the upper-intermediate or advanced level of English are highly recommended.
LENGHT OF STUDY
105 learning hours (3 hours a week). The timetable is from 7 to 10pm.
TARGET GROUP
We recommend this course to the students who already have a university degree in Economics or a working experience in the similar field but also any candidate with university degree in other area who wants to improve its personal and professional growth, using practical knowledge to advance his careers and keep pace with a rapidly changing market.
There are no formal candidate entry requirements from Cambridge International Diploma in Business, but consideration should be given to a candidate's qualification history and experience.
EXAMINATIONS
Module examinations will be available in two sessions, usually in May and October.
MAIN OBJECTIVES:
Use of finance in different types of business organisation, financial and legal implication, profit, basic money cycle or circular flow.
- Internal and external sources of funding, permanent and non-permanent capital base, increasing the liquidity contra increasing the capital base of the organisation.
- Financial procedures and reporting, internal and external users of financial records.
- Basic principles of financial accounting (Business entity, historic cost, realisation, accruals or matching, money terms, consistency, disclosure, double-entry, materiality, prudence...)
- Financial, budgetary control and cost accounting methods (to enable management to make decisions)
- Elements of accounts an accounting records (concept of double-entry bookkeeping)
- Financial records (invoice, receipt, bank statement, delivery note, purchase order, petty cash voucher, credit note, paying-in slip) and main books of account (day book or journal, cash book, ledgers, bank reconciliation)
- Use and nature of ratios
- Application of accounting techniques, trial balance, adjustment prior to final accounts (stock valuation methods: Last In /First Out, Average Cost of Stock, treatment of bad debts; fixed asset depreciation methods)
- Final accounts (Cash flow statement; profit and loss account, the balance sheet)
